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ALMAVYCO

Active Private limited company (pre-2019)founded 2003active for 23 yearsBurgemeester Reynaertstraat 9, 8500 KortrijkKBO/BCE: BE 0860.524.315

Lifetime

20 annual accounts with figures on one time axis, 22 filings since 2004
peak €88,233 (2011)
€40,295▲ 73.7%
lowest -€51,874 (2007)
€6,265▲ 342%
peak €33,196 (2025)
€33,196▲ 23.3%
€81,400▲ 35.2%
peak 1.3 FTE (2011)
-not published
Board2 names since 2003
2 directors and 1 other
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Gross margin from €23,197 to €40,295Result from €1,417 to €6,265Equity from €26,931 to €33,196Debts from €60,196 to €81,400Investments €68,887Cash from €23,960 to €15,501

Key points

from the 2025 annual accounts

Overdue debts

€10,465 on 30-09-2025

The annual accounts state €10,465 of overdue tax debts on 30-09-2025.

Turnover

≈ €170,000 estimated

The micro format states no turnover.

Debts

€81,400 71% of the balance sheet
Financial debts 11%Suppliers 45%Taxes and wages 28%Other 15%

Of this, €71,679 falls due within a year.

Investments

€69,149 4.1 × depreciation
2021202220232025

Green is investment, beige is depreciation. Machinery stands 53.9% higher than in 2024.

Liquidity

0.43 was 0.98 in 2024

Short-term debts rose from €56,705 to €71,679.

Filings

22 annual accounts since 2004
deadline20102020

The 2017 accounts came 17 days late. The other nine of the last ten were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,820 companies had the same profile as ALMAVYCO has now. Each dot stands for 10 companies, two years later.

95.1%
were still trading
3.8%
stopped another way
1.0%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,820 companies, not a prediction for ALMAVYCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0860524315
First establishment STRADIVARIUS, Burgemeester Reynaertstraat 9, Kortrijk
Incorporation published on 24-09-2003 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
ALMAVYCO Kortrijk €114,596 €40,295 29.0% -
ALTAS Antwerp €112,059 €43,134 69.8% -
JEROEN MISSOTTEN Beringen €103,129 €43,245 -32.1% -
DE SMIS Sint-Truiden €103,350 €36,687 42.4% -
JOUKE Brasschaat €117,494 €40,617 -20.6% -
AGORA Sint-Niklaas €114,990 €42,290 93.5% -
MEL CHRISTIS SERVICES Ghent €120,125 €46,667 -22.8% -

These companies have the same main activity as ALMAVYCO: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €103,000 and €120,000, founded between 2000 and 2003.

Official details

Source: KBO
Status
Active since 17-09-2003Normal situation
Activity
Cafés and barsNACE 56301and 1 other
Joint committee
302Hotels and catering · annual accounts 30-09-2023
Establishment unit
2.199.098.0848500 Kortrijk, since 23-05-2011
Financial year end
30 September
Peppol
Reachable since 05-01-2026
Company details

Annual accounts to 30-09-2025

€114,596▲ 31.5%
Filing
Filed on 30-04-2026, on the last day of the filing period
Financials

Insights on ALMAVYCO

ALMAVYCO files the micro format. That format states no turnover. The gross margin fell from €69,781 in 2006 to €40,295 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ALMAVYCO

What is the company number of ALMAVYCO?
The company number of ALMAVYCO is 0860.524.315. The VAT number is the same number with BE in front: BE 0860.524.315.
Where is ALMAVYCO based?
The registered office is at Burgemeester Reynaertstraat 9, 8500 Kortrijk.Company details
What does ALMAVYCO do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of ALMAVYCO?
ALMAVYCO is a private limited company (pre-2019) (BVBA).
When was ALMAVYCO founded?
ALMAVYCO was founded on 17-09-2003.
Is ALMAVYCO still active?
Yes, ALMAVYCO is an active enterprise in the KBO register.
How many employees does ALMAVYCO have?
ALMAVYCO had an average of 1.2 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does ALMAVYCO fall under?
In its 30-09-2023 annual accounts, ALMAVYCO states joint committee 302 (Hotels and catering).
What is the turnover of ALMAVYCO?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €40,295 and 38 comparable companies (NACE 56301). It probably lies between €110,000 and €220,000.
Is ALMAVYCO profitable?
In financial year 2025, ALMAVYCO made a profit of €6,265.
Where can I find the annual accounts of ALMAVYCO?
ALMAVYCO filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALMAVYCO due?
ALMAVYCO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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